I have just been reading a report about “a highly-successful presentation” between Renault and the Lotus F1 board, which is supposed to have taken place today. This is great stuff, except for one small point. I have just checked with my spies in the Lotus camp and the meeting – a teleconference – has yet to actually take place. It would be truly remarkable, therefore, if it had been highly successful before actually happening. This would seem to underline the fact that the media is being led a dance around Lotus at the moment.
The only conclusion I can reach in all this is that while everyone is being told that Renault is the only game in town, there has to be reason for all the leaks… and the only logical conclusion is that there are other bidders in the process.
The Lotus board of directors is keen to hear what Renault has to say – which tends to confirm my earlier story which suggested that the team has NOT received any offer from Renault prior to the presentation to be made today. Once the details of the offer are made clear (and most of them seem to be out there in the public domain already) there will not be any snap decision-making. The board will meet properly on Friday to have a proper discussion about what to do in the future. Although I expect you will be able to read the outcome of that meeting on other websites on Thursday.